Iowa- Understanding Commercial Lines P&C

Total Hrs / Order Price
1-5 $15.95
6-17 $24.95
18-24 $39.95
25-50 $49.95
51+ $49.95 + $2.00 per
additional hour over 50
In addition: A State filing fee of $1.00 per credit hour will be added to the total

Pricing based on total number of
hours in order.

Approved For:

  • Property and Casualty

Credit Hours
18

Course Type
Online

DOI Number
78794

Publisher
FastrackCE, LLC

State
Iowa

State
State CE Requirements

CE Course Description

Without commercial insurance, big business couldn’t exist. Commercial insurance acts as an economic lubricant, allowing businesses to recover from losses that would ordinarily bankrupt them. As a commercial lines agent specializing in Property and Casualty insurance, you help businesses safeguard their assets—and preserve their operations in the case of a major setback. This in turn protects the jobs of employees and our economy as a whole.

This extensive course is approved for property and casualty continuing education. It gives you a thorough understanding of Commercial Lines Property and Casualty Insurance from a professional perspective—in a wide range of industries. After you complete it, you should have advanced knowledge of how this type of insurance works—and your responsibilities as an agent.

Topics covered include:

  • Commercial general liability insurance.
  • The commercial package policy.
  • Commercial auto insurance.
  • Commercial inland marine insurance.
  • Commercial crime liability.
  • E-commerce liability and the new millennium.
  • Boiler, machinery, and glass insurance.
  • Industrial fire liability and insurance.
  • Professional and product liability.
  • Commercial time element insurance coverage.
  • Catastrophic, flood, and terrorism insurance coverage.

This course is available in online format—making fulfilling your continuing education requirements convenient and easy. Get access to test materials instantly, study on your own time, and receive your test results instantly after completion. Order this course today and improve your knowledge of Commercial Lines Property and Casualty insurance.

Required CE Hours for Renewal in Iowa

  • All License

    • 36 hours of CE biennially, which must include at least 3 hours of ethics.
    • 50% of the CE hours can be self-study.

Special Training/Education Requirements (LTC, Flood, Ethics, others)

  • Long Term Care -LTC

    • Agents wishing to sell Long Term Care are required to take a one time only 8 hour Department of Insurance certified course
    • Each license term thereafter each agent must complete a 4 hour Long Term Care Partnership CE course that is approved by the department.
  • Flood Insurance Training

    • An insurance producer who sells flood insurance may satisfy the minimum training and education requirements by completing a 3-hour course related to the National Flood Insurance Program (NFIP).

How Hours are Reported

  • CE completions are submitted electronically the next business day after a passing completion is acquired.

License Term

  • The renewal term of the license is every 3 years based on the agents birth month.

Course Type approved for Continuing Education

  • Online courses
  • Independent Self-study
  • Classroom Study

Final Exam

  • Final exams are to be monitored by a disinterested third party.
  • Final exams are Closed book.
  • A passing grade of at least 70% required to pass the course.

Carryover CE Hours

  • CE credits may NOT be carried over from one term to another.

Repeating Courses

  • Courses may NOT be taken for credit more than once in each renewal period.

Completion Certificates

  • Certificates of completion are available as soon as a course is completed with a passing grade. Certificates should be printed and kept on file.

Exemptions

  • A nonresident agent who is from a state that has CE requirements and is in good standing.
  • A producer who is licensed for credit or surety. This producer need not report CE credits but must pay the appropriate fee to renew the license.
  • A producer who is an attorney licensed to sell insurance. The producer/attorney must file a report showing proof of compliance with the continuing legal education requirement for the attorney's home state and pay the CE fee and the renewal fee. If the attorney does not have a CE requirement in their home state, they must comply with the Iowa insurance CE requirements.

Iowa Insurance Division


Toll Free Phone (IA only): 877-955-1212
Producer Licensing Phone: 515-281-7757
Coninuing Education Phone: 515-281-5708
Fax: 515-281-3059
Click Here to send an email to the appropriate department.

Mailing Address:
Iowa Insurance Division
330 Maple St.
Des Moines, IA 50319-0065

Web site: Iowa Insurance Division